Tag Archives: TCB

Wells Fargo (NYSE:WFC) Shares Under Pressure as Net Interest Margin Tumbles

Shares of Wells Fargo & Company (NYSE:WFC) are under pressure after the San Francisco, California based financial giant announced its net interest margin plunged over forecasted, however its earnings move up.

Wells Fargo reported profit in the fourth-quarter moved up …

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Fifth Third Bancorp (NASDAQ:FITB) Reports Q3 Profit Plummets Due to Charges – FITB, TCB, FMER, HBAN

The Cincinnati, Ohio-based Fifth Third Bancorp(NASDAQ:FITB) reported that its profit in the third-quarter moved down as the United States regional bank set aside more money to manage mortgage buyback requests and paid borrowing extinguishment costs over a redemption of trust …

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Fifth Third (NASDAQ:FITB) Assigns Additional Titles to Two Senior Executives – FITB, TCB, FMER, CHCO

Fifth Third Bancorp (NASDAQ:FITB) reported on Friday that 2 senior executives will be taking added roles. The financial company reported that its Chief Executive Officer Kevin Kabat, a post he has held since 2007, has been given the added position …

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Wells Fargo (NYSE:WFC) Declares Higher Profit in Q2; Add More Funds to Buy Back Bad Home Loans – WFC, RF, TCB, BBT

Wells Fargo & Company (NYSE:WFC), the largest US home lender, reported on Friday that its profit in the second-quarter moved up to $4.62 billion or 82 cents per share, from $3.95 billion or 70 cents per share in previous year. …

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Wells Fargo (NYSE:WFC) Boosts Debt Tender Bid to $2.2 Billion – WFC, USB, RF, TCB

Wells Fargo & Company (NYSE:WFC) boosted the amount of borrowing it offered to buyback to $2.2 billion as the offering was oversubscribed as of the early tender deadline.

Wells Fargo initially presented in late May to buyback almost $2 billion …

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Wells Fargo (NYSE:WFC) Outline Risk Management Strategy – WFC, USB, RF, TCB

The San Francisco-based Wells Fargo & Company (NYSE:WFC), fourth biggest US bank by assets, does not use the similar type of hedging strategy that has triggered a trading loss of almost $2 billion at competitor JPMorgan Chase & Co (NYSE:JPM), …

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